Multifamily may face a shock when federal relief ends
In the waning days of the Trump administration, Congress passed another $25 billion in pandemic-related rental assistance for struggling Americans and extended eviction moratoriums through this past January. But the question is, what happens if the federal relief ends this year? Generally speaking, apartments have done better than other commercial real estate asset classes and […]
Lead the Charge
Approach technology with a changed mindset to reduce closing times and increase profits
Preforeclosure sales set to dominate distressed-home market
The stage is set for preforeclosure sales to emerge as a dominant foreclosure-prevention strategy in the wake of the COVID-19 health crisis. Even before the pandemic, preforeclosure sales (sales of homes in any stage of the foreclosure process prior to being auctioned) were a rapidly growing share of all distressed-property dispositions. In 2019, one-third of […]
Paul Volpe, Nova Home Loans
No. 4 Most Closed Loans, No. 20 Top Dollar Volume (2019)
Home loan originations soar to 13-year high
This past third quarter, 3.25 million residential mortgages were originated in the U.S., according to Attom Data Solutions’ Residential Property Mortgage Origination Report. This number represents a 17% jump over the prior quarter and a whopping 45% year-over-year increase for the highest quarterly volume in 13 years. In addition to the boost in loan originations, […]
Lawrence Yun, National Association of Realtors
Housing should spur an economic recovery
Digital Tools to Help You Nab More Business
Today’s successful marketing strategy calls for skill in these areas
Boost Your Purchase Loan Production
Consider these niches as the market shifts away from refinances
For Now, Tolerate the New Refinance Fee
The mortgage industry should push for a sunset to the added surcharge
Plant the Seeds of Confidence
Cultivate relationships to become a more poised salesperson